Technical and digital analysisWe notice that we are in an upward correction and there is an increase in the buying momentum, and we have a divergence at the bottom
Key stats
XAUUSD/XAUTUSD SWING LONG TERM WITH SMALL SL AND BIG A$$ TP IDEAGold is less attracting to investors as US bonds yield higher interest. Any Gold-backed security/crypto could be then affected by this event causing their price to go down as least demand.
Commodity : Stance in Gold.Gold will be in move next. So keep it in watch and the direction can be in one of these two possibilities.
Rgds.
XAUTUSD: - is it time to grow?As you can see from the chart, there is all chances to continue the upward trend up to 1960 and stay within the average price band.
The target - 1960.
I believe in practicality, indicators work (usually). So we will see.
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Sincerely,
AJV
Gold Forecast : Monday 08 nov 2021In order to the offline gold market on this week end, Tether Gold future Touched the 1837.9. so XAUUSD change to reach above 1830 in Monday Asian season and fall hard again to reach 1798.
Good luck
XAU:USD (LONG)With series of HH and HL Gold seems to rise against USD keeping in view falling Crude prices.
BUY with SL: 1770.
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